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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Manufacturing properties
1141 Graaf Ave Ridgecrest, CA 93555-2307
Entity Owned
8-yr Hold
Free & Clear
Property ID
US09-3203624
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Year built
1974
Construction
WOOD
Total area
5,436 SF
Lot
5 ac (217,800 SF)
Zoning code
M-1
APN
453-012-01-00-2
UPID
US09-3203624
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
7/11 Materials, Inc. Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$534k
Blend (final)
Blend
$805k
Owner & transaction history
G4 Capital LLC · 8 yrs held
G4 Capital LLC
since 2017
6 recorded transactions
Zoning & alternative use
M-1 · Ridgecrest, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+66.0%
Office building
$1.1M
+52.6%
Apartment house (5+ units)
$810,000
+17.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ridgecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgecrest submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,115,000
6.5%
$1,030,000
7%
$955,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$690,000
Current use
MEDICAL BUILDING
$1,145,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$1,055,000
Change: +53% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$810,000
Change: +17% · Conversion: Difficult
AUTO REPAIR, GARAGE
$755,000
Change: +9% · Conversion: Easy
RETAIL STORES
$685,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$805k
Range $725k – $886k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$148 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$25,956
Tax year 2023
Assessed value
$1,295,211
Assessed 2023
Previous assessed
$1,295,211
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$218,727
Assessed improvement
$1,076,484
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
YES
Cooling
YES
Total area
5,436 SF
Lot
5 ac (217,800 SF)
Zoning code
M-1
APN
453-012-01-00-2
UPID
US09-3203624
Jurisdiction
KERN
Zoning & alternative use
M-1 · Ridgecrest, CA
Zoning M-1 · permitted uses
M-1 · Ridgecrest, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgecrest. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$690,000
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$810,000
AUTO REPAIR, GARAGE
Est. value
$755,000
RETAIL STORES
Est. value
$685,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
5 ac
Current owner
From public records · entity-resolved
G4 Capital LLC
Entity
Free & Clear · 8 yrs held
Mailing address
928 12TH ST STE #700, MODESTO, CA 95354-2330
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2017
$775,000
G4 Capital LLC
Ladd Leroy & Donna Family
Grant Deed
—
Dec 4, 2015
—
Ladd,leroy & D Family Trust
Ladd,leroy E & Donna
Quit Claim Deed
related
—
Sep 13, 2011
—
Leroy E Ladd
Ladd Earl L
Quit Claim Deed
related
—
Jul 25, 2011
—
Leroy E Ladd
Ladd L A 2004 Family Trust
Quit Claim Deed
related
—
Oct 13, 2004
—
Ladd Lavon A 2004 Family Trust
Ladd,lavon
Quit Claim Deed
related
—
Jun 30, 1977
—
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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